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940 Haverford Road
Bryn Mawr, PA 19010
T 610-552-6000
F 610-552-6001
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WP Realty sells Festival at Exton

Festival at Exton, Exton, PA

Bryn Mawr, PA – November 23, 2011 – WP Realty is pleased to announce the sale of Festival at Exton located in Exton, Pennsylvania.

Festival at Exton is a prominent 152,000 square foot shopping center anchored by Marshalls / Home Goods strategically located in the heart of Exton, Pennsylvania. The center is situated on Lincoln Highway (US Route 30), a busy retail corridor and popular shopping destination.

WP Realty purchased the property in December 2005, with an occupancy rate of 50%, including a vacant Clemens box comprising 40,000 square feet. Since then, WP Realty has utilized its strong relationships and expertise in leasing, development and management to reposition Festival at Exton into a center that boasts 94% occupancy with some of the region’s top retail tenants.

The center, originally constructed in 1991, was redeveloped in 2008 to expand the vacant Clemens box to 52,748 square feet to accommodate Marshalls / Home Goods.

WP Realty is a real estate investment, development, management and leasing company headquartered in Bryn Mawr, Pennsylvania, The principals of WP Realty have extensive expertise in leasing and entrepreneurial management and turning underperforming centers around.

Please contact WP Realty at 940 Haverford Road, Bryn Mawr, PA 19010 (610) 552-6000, fax (610) 552-6001 or for additional information visit our website at www.wprealty.com.